<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 18</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2468 down 0.0060</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> DEC17 HI 3.50 1/2 DEC18 HI 3.94 1/2</u></div>
<div><u> LOW 3.47 3/4 LOW 3.92 1/2</u></div>
<div><u> CLOSE3.48 1/2 Down 1 1/2 CLOSE 3.93 1/2 Down 1</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +DEC17+MAR18+MAR18</u></div>
<div><u>CK Low 0.65 4.14 162.79 0.50 4.44 174.60</u></div>
<div><u>CK High 0.70 4.19 164.76 0.65 4.59 180.50</u></div>
<div><u>CK Avg 0.66 -0.16 4.14 163.12 0.61 -0.29 4.54 178.86</u></div>
<div><u>Essex Cty 0.65 4.14 162.79 0.50 4.44 174.60</u></div>
<div><u>Mdsx Low 0.65 4.14 162.79 0.60 4.54 178.54</u></div>
<div><u>Mdsx High 0.65 4.14 162.79 0.65 4.59 180.50</u></div>
<div><u>Mdsx Avg 0.65 -0.17 4.14 162.79 0.63 -0.27 4.56 179.52</u></div>
<div><u>Hensall 0.65 4.14 162.79 0.68 4.61 181.49</u></div>
<div><u>Bruce 0.65 4.14 162.79 0.65 4.59 180.50</u></div>
<div><u>Putnam 0.60 4.09 160.82 0.60 4.54 178.54</u></div>
<div><u>Burford 0.75 4.24 166.72 0.65 4.59 180.50</u></div>
<div><u>Port Perry 0.75 4.24 166.72 0.65 4.59 180.50</u></div>
<div><u>Norfolk 0.75 4.24 166.72 0.65 4.59 180.50</u></div>
<div><u>Palmerston 0.65 4.14 162.79 0.50 4.44 174.60</u></div>
<div><u>Varna 0.65 4.14 162.79 0.70 4.64 182.47</u></div>
<div><u>Trenton 0.75 4.24 166.72 0.75 4.69 184.44</u></div>
<div><u>Winchester 1.20 4.69 184.44 0.80 4.74 186.41</u></div>
<div><u>North Gower 1.10 4.59 180.50 0.80 4.74 186.41</u></div>
<div><u>Huron FOB 0.75 4.24 166.72 0.75 4.69 184.44</u></div>
<div><u>Kent FOB 0.70 4.19 164.76 0.65 4.59 180.50</u></div>
<div><u>Lamb FOB 0.70 4.19 164.76 0.55 4.49 176.57</u></div>
<div><u>Mdsx FOB 0.70 0.70 0.75 0.75 4.19 164.76 0.60 4.54 178.54</u></div>
<div><u>FOB SW Que 1.33 4.82 189.56N/A</u></div>
<div><u>Track 1.18 4.66 183.46N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 0.92 0.92 0.75 4.69 184.44</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A 0.90 0.90 0.75 4.69 184.44</u></div>
<div><u>Sarn-Eth N/A 0.90 0.95 0.90 N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing 1.10 1.05 0.95 0.90 4.59 180.50 0.85 4.79 188.38</u></div>
<div><u>Pt.Colb-Ing N/A 1.00N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A 1.20 1.22 1.10 1.00 4.94 194.28</u></div>
<div><u>W O Feed 1.38 4.87 191.53</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.26 4.75 186.80</u></div>
<div><u>Toledo El. -0.27 3.21 126.40 -0.37 3.56 140.20</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.67 1/2 4.16</u></div>
<div><u>HI SD CRN 0.70 4.18 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2468 down 0.0060</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> NOV17 HI 9.88 1/2 NOV18 HI 10.03</u></div>
<div><u> LOW 9.81 3/4 LOW 9.97</u></div>
<div><u> CLOSE9.84 1/4 Down 1/2 CLOSE 10.00 Unchanged</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +NOV1+JAN1+JAN18</u></div>
<div><u>CK Low 1.75 11.59 425.951.68 11.68 429.17</u></div>
<div><u>CK High 1.85 11.69 429.631.75 11.75 431.74</u></div>
<div><u>CK Average 1.80 -0.5111.64 427.731.71 -0.6011.71 430.39</u></div>
<div><u>Essex Cty 1.70 11.54 424.111.70 11.70 429.90</u></div>
<div><u>Mdsx Low 1.79 11.63 427.421.68 11.68 429.17</u></div>
<div><u>Mdsx High 1.85 11.69 429.631.70 11.70 429.90</u></div>
<div><u>Mdsx Average 1.82 -0.4911.66 428.521.69 -0.6211.69 429.53</u></div>
<div><u>Hensall 1.88 11.72 430.541.73 11.73 430.82</u></div>
<div><u>Bruce 1.80 11.64 427.791.70 11.70 429.90</u></div>
<div><u>Putnam 1.65 11.49 422.281.45 11.45 420.72</u></div>
<div><u>Burford 1.86 11.70 429.991.75 11.75 431.74</u></div>
<div><u>Port Perry 1.76 11.60 426.321.65 11.65 428.06</u></div>
<div><u>Norfolk 1.85 11.69 429.631.75 11.75 431.74</u></div>
<div><u>Palmerston 1.85 11.69 429.631.75 11.75 431.74</u></div>
<div><u>Varna 1.90 11.74 431.461.75 11.75 431.74</u></div>
<div><u>Trenton 1.80 11.64 427.791.70 11.70 429.90</u></div>
<div><u>Winchester 1.90 11.74 431.461.80 11.80 433.58</u></div>
<div><u>North Gower 1.87 11.71 430.361.70 11.70 429.90</u></div>
<div><u>Huron FOB 2.00 11.84 435.141.85 11.85 435.41</u></div>
<div><u>Kent FOB 1.75 11.59 425.951.70 11.70 429.90</u></div>
<div><u>Lambton FOB 1.85 11.69 429.631.80 11.80 433.58</u></div>
<div><u>Middlesex FOB1.89 1.96 1.98 2.03 11.73 431.101.73 11.73 431.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott N/A N/A</u></div>
<div><u>Sarnia N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.50 9.34 343.33-0.37 9.63 353.71</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2468 down 0.0060</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>DEC17 HI 4.35 1/4 JUL18 HI 4.80 1/4</u></div>
<div><u> LOW 4.29 LOW 4.75 3/4</u></div>
<div><u> CLOSE 4.30 Down 4 3/4 CLOSE 4.77 Down 4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>DEC17 HI 6.13 SEP18 HI 6.33</u></div>
<div><u> LOW 6.08 LOW 6.29</u></div>
<div><u> CLOSE 6.10 Down 1 CLOSE 6.30 1/4 Down 3</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.69 0.94 0.81 0.38</u></div>
<div><u>CAD $/bu 4.99 5.24 5.11 6.48</u></div>
<div><u>CAD $/tonne 183.25 192.41 187.83 238.22</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.65 N/A N/A N/A 0.65 N/A</u></div>
<div><u>London 0.51 0.63 0.63 N/A 0.87 0.80 0.55 N/A</u></div>
<div><u>Hensall 0.70 N/A 0.70 N/A 0.90 N/A 0.70 N/A</u></div>
<div><u>Trenton N/A N/A 0.65 N/A N/A N/A 0.80 N/A</u></div>
<div><u>Bruce 0.70 0.60 0.70 0.10 0.90 0.65 0.70 0.35</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.65 N/A</u></div>
<div><u>Norwich 0.70 N/A 0.70 N/A 0.90 N/A 0.70 N/A</u></div>
<div><u>Port Hope N/A 0.75 0.70 N/A N/A 0.70 0.70 N/A</u></div>
<div><u>Kent Bridge 0.70 N/A 0.70 N/A 0.90 N/A 0.70 N/A</u></div>
<div><u>Chatham N/A N/A 0.65 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Brigden N/A N/A 0.65 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Palmerston N/A 0.60 0.60 0.25 N/A 0.65 0.60 0.35</u></div>
<div><u>Varna 0.95 0.65 0.65 N/A 0.85 0.65 0.65 N/A</u></div>
<div><u>Mitchell 0.70 0.70 0.70 N/A 0.90 0.70 0.70 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.21 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.70 0.70 0.30 N/A 0.86 0.81 0.10</u></div>
<div><u>W O Feed 1.35</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.25N/A N/A N/A 1.17N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.22US 5.26CA 4.57US 5.69CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.80 0.80 0.74 0.18</u></div>
<div><u>CAD $/bu 5.57 5.57 5.51 6.48</u></div>
<div><u>CAD $/tonne 204.60 204.60 202.31 238.13</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 467.17</u></div>
<div><u>DDG's FOB Srn & Aylm 145.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#333333;background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
<u></u><br>
<p></p>
<p><u><br>
</u></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p></p>
<div><u><br>
</u></div>
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>